Yes that could be an option if allowed. They could sell a portion of them to get a few million pretty quickly to advance activities a bit quicker. Imo that will only take place if the share price stays down at these lows, but I can’t see that happening for too much longer. With some good long awaited newsflow, we should get back to pre raise levels around 13c and then management will probably look at another capital raise. Asking the market for any money again at anything below 13c would be silly. Shareholders have been through enough the past year and don’t want any further dilution. Time to start working to their paypackets!
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Ann: Quarterly Activities Report 31 December 2022, page-9
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